Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
£ 2050
per

Your estimated
City
free-cash

Andorra , Andorra
£1222
£1543
£1277
£1573
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
451
income
-
-
-
105
total
-
-
-
556
Employee
290
-
1 775
-
social contributions
19
-
115
-
income
-
-
111
-
total
19
-
226
-
Employer
290
-
1 775
-
social contributions
45
-
275
-
total
45
-
275
-
Corporate
1 715
2 050
-
-
income
171
205
-
-
total
171
205
-
-
Dividends
1 543
1 845
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
235
205
501
556
After tax
1 815
1 845
1 549
1 494
Living cost
272
272
272
272
Free-cash
1 543
1 573
1 277
1 222

Estimated living cost  is £272 per week

£176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£20
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
£764
£838
£249
£841
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
surtax
-
-
-
-
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
8
pensions
-
-
-
195
income
-
-
-
659
total
-
-
-
998
Employee
395
360
1 699
-
unemployment
12
11
32
-
other
4
4
11
-
income
35
27
554
-
pensions
40
37
108
-
health
15
14
41
-
total
106
93
746
-
Employer
395
360
1 699
-
pensions
50
45
132
-
surtax
-
-
-
-
payroll
12
11
51
-
other
19
17
75
-
health
15
14
40
-
accident
5
5
14
-
unemployment
12
11
32
-
chamber of commerce
2
1
7
-
total
115
104
351
-
Corporate
1 541
1 586
1 665
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

385
397
416
-
total
385
397
416
-
Dividends
1 156
1 190
-
-
withholding
318
327
-
-
total
318
327
-
-
Income
2 050
2 050
2 050
2 050
Total tax
924
921
1 513
998
After tax
1 126
1 129
537
1 052
Living cost
288
288
288
288
Free-cash
838
841
249
764

Estimated living cost  is £288 per week

£173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
£732
£796
£218
£810
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
surtax
-
-
-
2
unemployment
-
-
-
55
health
-
-
-
81
chamber of commerce
-
-
-
8
pensions
-
-
-
195
income
-
-
-
659
total
-
-
-
1 000
Employee
451
360
1 698
-
unemployment
14
11
32
-
other
5
4
11
-
income
51
27
553
-
pensions
46
37
108
-
health
17
14
41
-
total
133
93
745
-
Employer
451
360
1 698
-
pensions
57
45
132
-
surtax
2
2
2
-
payroll
14
11
51
-
other
21
17
75
-
health
17
14
40
-
accident
6
5
14
-
unemployment
14
11
32
-
chamber of commerce
2
1
7
-
total
133
106
353
-
Corporate
1 467
1 585
1 663
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

367
396
416
-
total
367
396
416
-
Dividends
1 100
1 188
-
-
withholding
303
327
-
-
total
303
327
-
-
Income
2 050
2 050
2 050
2 050
Total tax
936
922
1 514
1 000
After tax
1 114
1 128
536
1 050
Living cost
318
318
318
318
Free-cash
796
810
218
732

Estimated living cost  is £318 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£74
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
£563
£682
£366
£795
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
national
-
-
-
824
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
109
social contributions
-
-
-
225
total
-
-
-
1 158
Employee

The minimum management director salary is set at €45,000 per year.

646
-
1 588
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6
-
14
-
national
199
-
601
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

34
-
83
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

48
-
119
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

30
-
75
-
total
317
-
892
-
Employer

The minimum management director salary is set at €45,000 per year.

646
-
1 588
-
surtax
73
-
180
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

57
-
141
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

40
-
98
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

8
-
21
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

9
-
23
-
total
187
-
463
-
Corporate
1 216
2 050
-
-
income
243
440
-
-
surtax
5
9
-
-
total
248
449
-
-
Dividends
968
1 601
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

287
477
-
-
total
287
477
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 039
926
1 355
1 158
After tax
1 011
1 124
695
892
Living cost
329
329
329
329
Free-cash
682
795
366
563

Estimated living cost  is £329 per week

£212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
£1504
£1544
£1588
£1598
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
1
health
-
-
-
36
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
47
income
-
-
-
307
total
-
-
-
391
Employee
206
-
1 988
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
21
-
199
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

18
-
28
-
health
9
-
15
-
total
50
-
245
-
Employer
206
-
1 988
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

23
-
35
-
health
14
-
22
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
40
-
62
-
Corporate
1 804
2 050
-
-
income
180
205
-
-
total
180
205
-
-
Dividends
1 623
1 845
-
-
withholding
81
92
-
-
total
81
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
351
297
307
391
After tax
1 699
1 753
1 743
1 659
Living cost
155
155
155
155
Free-cash
1 544
1 598
1 588
1 504

Estimated living cost  is £155 per week

£103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£40
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1541
£1592
£1625
£1635
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
1
health
-
-
-
36
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
47
income
-
-
-
307
total
-
-
-
391
Employee
157
-
1 988
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
income
16
-
199
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

14
-
28
-
health
7
-
15
-
total
39
-
245
-
Employer
157
-
1 988
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

17
-
35
-
health
11
-
22
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
1 862
2 050
-
-
income
186
205
-
-
total
186
205
-
-
Dividends
1 676
1 845
-
-
withholding
84
92
-
-
total
84
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
340
297
307
391
After tax
1 710
1 753
1 743
1 659
Living cost
118
118
118
118
Free-cash
1 592
1 635
1 625
1 541

Estimated living cost  is £118 per week

£69
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
£1170
£1236
£1152
£1284
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
health
-
-
-
52
social contributions
-
-
-
146
income
-
-
-
473
total
-
-
-
671
Employee
695
695
1 936
-
income
76
64
464
-
social contributions
26
58
78
-
health
5
12
33
-
total
107
134
575
-
Employer
695
695
1 936
-
social contributions
26
58
78
-
health
6
13
36
-
total
32
71
114
-
Corporate
1 701
1 285
-
-
income
213
161
-
-
total
213
161
-
-
Dividends
1 489
1 124
-
-
withholding
253
191
-
-
total
253
191
-
-
Income
2 050
2 050
2 050
2 050
Total tax
605
557
689
671
After tax
1 445
1 493
1 361
1 379
Living cost
209
209
209
209
Free-cash
1 236
1 284
1 152
1 170

Estimated living cost  is £209 per week

£125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1086
£1163
£1068
£1200
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
health
-
-
-
52
social contributions
-
-
-
146
income
-
-
-
473
total
-
-
-
671
Employee
695
695
1 936
-
income
73
64
464
-
social contributions
34
58
78
-
health
7
12
33
-
total
114
134
575
-
Employer
695
695
1 936
-
social contributions
34
58
78
-
health
8
13
36
-
total
42
71
114
-
Corporate
1 602
1 285
-
-
income
200
161
-
-
total
200
161
-
-
Dividends
1 402
1 124
-
-
withholding
238
191
-
-
total
238
191
-
-
Income
2 050
2 050
2 050
2 050
Total tax
594
557
689
671
After tax
1 456
1 493
1 361
1 379
Living cost
293
293
293
293
Free-cash
1 163
1 200
1 068
1 086

Estimated living cost  is £293 per week

£200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
£1012
£1128
£921
£1202
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
health
-
-
-
277
social contributions
-
-
-
300
income
-
-
-
221
solidarity contribution
-
-
-
31
total
-
-
-
829
Employee
307
-
1 645
-
income
37
-
203
-
social contributions
20
-
67
-
health
41
-
222
-
solidarity contribution
-
-
23
-
total
98
-
515
-
Employer
307
-
1 645
-
social contributions
77
-
257
-
health
28
-
148
-
total
105
-
405
-
Corporate
1 639
2 050
-
-
income
311
390
-
-
total
311
390
-
-
Dividends
1 327
1 660
-
-
withholding
199
249
-
-
total
199
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
713
639
920
829
After tax
1 337
1 411
1 130
1 221
Living cost
209
209
209
209
Free-cash
1 128
1 202
921
1 012

Estimated living cost  is £209 per week

£145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£45
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£964
£1062
£873
£1154
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
health
-
-
-
277
social contributions
-
-
-
300
income
-
-
-
221
solidarity contribution
-
-
-
31
total
-
-
-
829
Employee
378
-
1 645
-
income
45
-
203
-
social contributions
25
-
67
-
health
51
-
222
-
solidarity contribution
-
-
23
-
total
121
-
515
-
Employer
378
-
1 645
-
social contributions
95
-
257
-
health
34
-
148
-
total
129
-
405
-
Corporate
1 543
2 050
-
-
income
293
390
-
-
total
293
390
-
-
Dividends
1 250
1 660
-
-
withholding
188
249
-
-
total
188
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
731
639
920
829
After tax
1 319
1 411
1 130
1 221
Living cost
257
257
257
257
Free-cash
1 062
1 154
873
964

Estimated living cost  is £257 per week

£191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
£747
£44
£77
£77
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
national
-
-
-
255
pensions
-
-
-
8
municipal
-
-
-
441
labour market
-
-
-
163
total
-
-
-
867
Employee
1 842
1 842
1 842
-
municipal
392
392
392
-
national
225
225
225
-
pensions
3
3
3
-
labour market
147
147
147
-
total
767
767
767
-
Employer
1 842
1 842
1 842
-
pensions
5
5
5
-
labour market
147
147
147
-
municipal
393
393
393
-
national
225
225
225
-
total
770
770
770
-
Corporate
76
-
-
-
income
17
-
-
-
total
17
-
-
-
Dividends
59
-
-
-
withholding
16
-
-
-
total
16
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 570
1 537
1 537
867
After tax
480
513
513
1 183
Living cost
436
436
436
436
Free-cash
44
77
77
747

Estimated living cost  is £436 per week

£299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
£881
£1367
£964
£1422
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
health
-
-
-
266
pensions
-
-
-
410
income
-
-
-
275
total
-
-
-
951
Employee
256
-
1 532
-
unemployment
4
-
25
-
income
29
-
295
-
pensions
5
-
31
-
total
38
-
351
-
Employer
256
-
1 532
-
pensions
51
-
306
-
health
33
-
199
-
unemployment
2
-
12
-
total
86
-
517
-
Corporate
1 707
2 050
-
-
income
341
410
-
-
total
341
410
-
-
Dividends
1 366
1 640
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
465
410
868
951
After tax
1 585
1 640
1 182
1 099
Living cost
218
218
218
218
Free-cash
1 367
1 422
964
881

Estimated living cost  is £218 per week

£150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£13
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
£908
£938
£674
£909
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
2 050
national
-
-
-
403
health
-
-
-
28
municipal
-
-
-
364
total
-
-
-
795
Employee
475
-
1 725
-
unemployment
7
-
26
-
municipal
78
-
281
-
national
8
-
258
-
pensions
32
-
116
-
health
4
-
23
-
total
129
-
704
-
Employer
475
-
1 725
-
pensions
82
-
299
-
health
4
-
13
-
accident
-
-
2
-
unemployment
3
-
11
-
total
89
-
325
-
Corporate
1 485
2 050
-
-
income
297
410
-
-
total
297
410
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

891
1 230
-
-
municipal
160
221
-
-
national
90
163
-
-
total
250
384
-
-
Income
2 050
2 050
2 050
2 050
Total tax
765
794
1 029
795
After tax
1 285
1 256
1 021
1 255
Living cost
347
347
347
347
Free-cash
938
909
674
908

Estimated living cost  is £347 per week

£227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£81
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
£842
£805
£780
£755
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
101
pensions
-
-
-
322
social contributions
-
-
-
58
income
-
-
-
385
other
-
-
-
64
total
-
-
-
930
Employee
345
-
1 563
-
income
18
-
341
-
surtax
-
-
-
-
social contributions
10
-
45
-
pensions
39
-
119
-
total
67
-
505
-
Employer
345
-
1 563
-
pensions
57
-
198
-
social contributions
1
-
5
-
other
12
-
65
-
health
24
-
156
-
unemployment
14
-
63
-
total
108
-
487
-
Corporate
1 597
2 050
-
-
income
447
574
-
-
surtax
-
-
-
-
total
447
574
-
-
Dividends
1 150
1 476
-
-
withholding
147
189
-
-
social contributions
198
254
-
-
surtax
-
-
-
-
total
345
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
967
1 017
992
930
After tax
1 083
1 033
1 058
1 120
Living cost
278
278
278
278
Free-cash
805
755
780
842

Estimated living cost  is £278 per week

£161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£83
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£811
£777
£749
£724
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
101
pensions
-
-
-
322
social contributions
-
-
-
58
income
-
-
-
385
other
-
-
-
64
total
-
-
-
930
Employee
387
-
1 563
-
income
23
-
341
-
surtax
-
-
-
-
social contributions
11
-
45
-
pensions
44
-
119
-
total
78
-
505
-
Employer
387
-
1 563
-
pensions
64
-
198
-
social contributions
1
-
5
-
other
13
-
65
-
health
27
-
156
-
unemployment
16
-
63
-
total
121
-
487
-
Corporate
1 543
2 050
-
-
income
432
574
-
-
surtax
-
-
-
-
total
432
574
-
-
Dividends
1 111
1 476
-
-
withholding
142
189
-
-
social contributions
191
254
-
-
surtax
-
-
-
-
total
333
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
964
1 017
992
930
After tax
1 086
1 033
1 058
1 120
Living cost
309
309
309
309
Free-cash
777
724
749
811

Estimated living cost  is £309 per week

£195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
£684
£658
£622
£597
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
surtax
-
-
-
-
health
-
-
-
101
pensions
-
-
-
322
social contributions
-
-
-
58
income
-
-
-
385
other
-
-
-
64
total
-
-
-
930
Employee
566
-
1 563
-
income
49
-
341
-
surtax
-
-
-
-
social contributions
16
-
45
-
pensions
64
-
119
-
total
129
-
505
-
Employer
566
-
1 563
-
pensions
93
-
198
-
social contributions
2
-
5
-
other
20
-
65
-
health
40
-
156
-
unemployment
23
-
63
-
total
178
-
487
-
Corporate
1 307
2 050
-
-
income
366
574
-
-
surtax
-
-
-
-
total
366
574
-
-
Dividends
941
1 476
-
-
withholding
121
189
-
-
social contributions
162
254
-
-
surtax
-
-
-
-
total
283
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
956
1 017
992
930
After tax
1 094
1 033
1 058
1 120
Living cost
436
436
436
436
Free-cash
658
597
622
684

Estimated living cost  is £436 per week

£295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£99
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1971
£1878
£1582
£1890
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
2 050
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
21
total
-
-
-
21
Employee
73
-
2 050
-
income
15
-
410
-
total
15
-
410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 977
2 050
-
-
total
-
-
-
-
Dividends
1 977
2 050
-
-
withholding
99
102
-
-
total
99
102
-
-
Income
2 050
2 050
2 050
2 050
Total tax
114
102
410
21
After tax
1 936
1 948
1 640
2 029
Living cost
58
58
58
58
Free-cash
1 878
1 890
1 582
1 971

Estimated living cost  is £58 per week

£36
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£16
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
£1938
£1839
£1549
£1857
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
2 050
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
21
total
-
-
-
21
Employee
113
-
2 050
-
income
23
-
410
-
total
23
-
410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 937
2 050
-
-
total
-
-
-
-
Dividends
1 937
2 050
-
-
withholding
97
102
-
-
total
97
102
-
-
Income
2 050
2 050
2 050
2 050
Total tax
120
102
410
21
After tax
1 930
1 948
1 640
2 029
Living cost
91
91
91
91
Free-cash
1 839
1 857
1 549
1 938

Estimated living cost  is £91 per week

£61
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£22
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Berlin , Germany
£682
£823
£916
£706
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
685
trade
-
-
-
234
total
-
-
-
1 019
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

449
-
2 050
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

37
-
685
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
38
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
101
-
785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 601
2 050
-
-
trade
230
294
-
-
income
240
308
-
-
chamber of commerce
4
4
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

13
17
-
-
total
487
623
-
-
Dividends
1 114
1 427
-
-
withholding
275
353
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

15
19
-
-
total
290
372
-
-
Income
2 050
2 050
2 050
2 050
Total tax
878
995
785
1 019
After tax
1 172
1 055
1 265
1 031
Living cost
349
349
349
349
Free-cash
823
706
916
682

Estimated living cost  is £349 per week

£241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Dresden , Germany
£734
£858
£991
£759
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
685
trade
-
-
-
257
total
-
-
-
1 042
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

346
-
2 050
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

10
-
685
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1
-
38
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
73
-
785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 704
2 050
-
-
trade
268
323
-
-
income
256
308
-
-
chamber of commerce
4
4
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

14
17
-
-
total
542
652
-
-
Dividends
1 162
1 398
-
-
withholding
287
346
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

16
19
-
-
total
303
365
-
-
Income
2 050
2 050
2 050
2 050
Total tax
918
1 017
785
1 042
After tax
1 132
1 033
1 265
1 008
Living cost
274
274
274
274
Free-cash
858
759
991
734

Estimated living cost  is £274 per week

£172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£64
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Hamburg , Germany
£642
£794
£910
£667
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
685
trade
-
-
-
268
total
-
-
-
1 053
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

458
-
2 050
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

39
-
685
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
38
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
103
-
785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 592
2 050
-
-
trade
262
337
-
-
income
239
308
-
-
chamber of commerce
4
4
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

13
17
-
-
total
518
666
-
-
Dividends
1 074
1 384
-
-
withholding
265
343
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

15
19
-
-
total
280
362
-
-
Income
2 050
2 050
2 050
2 050
Total tax
901
1 028
785
1 053
After tax
1 149
1 022
1 265
997
Living cost
355
355
355
355
Free-cash
794
667
910
642

Estimated living cost  is £355 per week

£237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£75
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Munich , Germany
£571
£745
£851
£597
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
685
trade
-
-
-
280
total
-
-
-
1 065
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

543
-
2 050
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

64
-
685
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

4
-
38
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
total
130
-
785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 507
2 050
-
-
trade
258
352
-
-
income
226
308
-
-
chamber of commerce
3
4
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

12
17
-
-
total
499
681
-
-
Dividends
1 007
1 370
-
-
withholding
248
339
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

14
19
-
-
total
262
358
-
-
Income
2 050
2 050
2 050
2 050
Total tax
891
1 039
785
1 065
After tax
1 159
1 011
1 265
985
Living cost
414
414
414
414
Free-cash
745
597
851
571

Estimated living cost  is £414 per week

£302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£33
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£73
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Athens , Greece
£761
£1057
£705
£1086
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
surtax
-
-
-
109
unemployment
-
-
-
2
health
-
-
-
86
pensions
-
-
-
241
income
-
-
-
648
other
-
-
-
-
total
-
-
-
1 086
Employee
304
-
1 796
-
unemployment
21
-
84
-
other
-
-
-
-
income
51
-
594
-
surtax
1
-
99
-
pensions
20
-
80
-
health
8
-
31
-
total
101
-
888
-
Employer
304
-
1 796
-
pensions
41
-
161
-
other
-
-
-
-
health
14
-
55
-
unemployment
10
-
38
-
total
65
-
254
-
Corporate
1 682
2 050
-
-
income
437
533
-
-
total
437
533
-
-
Dividends
1 244
1 517
-
-
withholding
187
228
-
-
total
187
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
790
761
1 142
1 086
After tax
1 260
1 289
908
964
Living cost
203
203
203
203
Free-cash
1 057
1 086
705
761

Estimated living cost  is £203 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
£765
£1062
£709
£1090
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
surtax
-
-
-
109
unemployment
-
-
-
2
health
-
-
-
86
pensions
-
-
-
241
income
-
-
-
648
other
-
-
-
-
total
-
-
-
1 086
Employee
299
-
1 796
-
unemployment
21
-
84
-
other
-
-
-
-
income
50
-
594
-
surtax
1
-
99
-
pensions
20
-
80
-
health
8
-
31
-
total
100
-
888
-
Employer
299
-
1 796
-
pensions
40
-
161
-
other
-
-
-
-
health
14
-
55
-
unemployment
9
-
38
-
total
63
-
254
-
Corporate
1 688
2 050
-
-
income
439
533
-
-
total
439
533
-
-
Dividends
1 249
1 517
-
-
withholding
187
228
-
-
total
187
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
789
761
1 142
1 086
After tax
1 261
1 289
908
964
Living cost
199
199
199
199
Free-cash
1 062
1 090
709
765

Estimated living cost  is £199 per week

£122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£54
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
£1239
£975
£1007
£971
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
31
health
-
-
-
144
pensions
-
-
-
205
income
-
-
-
251
total
-
-
-
631
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

260
104
1 715
-
unemployment
4
2
26
-
income
32
13
210
-
pensions
26
10
172
-
health
18
7
120
-
total
80
32
528
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

260
104
1 715
-
pensions
51
20
335
-
total
51
20
335
-
Corporate
1 739
1 926
-
-
income
156
173
-
-
total
156
173
-
-
Dividends
1 582
1 753
-
-
withholding
301
333
-
-
social contributions
307
341
-
-
total
608
674
-
-
Income
2 050
2 050
2 050
2 050
Total tax
895
899
863
631
After tax
1 155
1 151
1 187
1 419
Living cost
180
180
180
180
Free-cash
975
971
1 007
1 239

Estimated living cost  is £180 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£15
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£39
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
£723
£835
£734
£842
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
national
-
-
-
394
pensions
-
-
-
246
social contributions
-
-
-
22
municipal
-
-
-
228
total
-
-
-
890
Employee
678
-
1 772
-
municipal
84
-
236
-
national
130
-
411
-
pensions
27
-
71
-
total
241
-
718
-
Employer
678
-
1 772
-
pensions
54
-
142
-
social contributions
7
-
19
-
total
61
-
161
-
Corporate
1 266
2 050
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

253
410
-
-
total
253
410
-
-
Dividends
1 013
1 640
-
-
withholding
223
361
-
-
total
223
361
-
-
Income
2 050
2 050
2 050
2 050
Total tax
778
771
879
890
After tax
1 272
1 279
1 171
1 160
Living cost
437
437
437
437
Free-cash
835
842
734
723

Estimated living cost  is £437 per week

£297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£7
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£93
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
£511
£940
£511
£920
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
353
income
-
-
-
671
total
-
-
-
1 024
Employee
707
-
2 050
-
social contributions
59
-
353
-
income
133
-
671
-
total
192
-
1 024
-
Employer
707
-
2 050
-
total
-
-
-
-
Corporate
1 343
2 050
-
-
income
168
256
-
-
total
168
256
-
-
Dividends
1 175
1 794
-
-
withholding
235
359
-
-
total
235
359
-
-
Income
2 050
2 050
2 050
2 050
Total tax
595
615
1 024
1 024
After tax
1 455
1 435
1 026
1 026
Living cost
515
515
515
515
Free-cash
940
920
511
511

Estimated living cost  is £515 per week

£392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£42
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£76
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
£608
£665
£530
£713
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
national
-
-
-
570
regional
-
-
-
26
social contributions
-
-
-
452
municipal
-
-
-
13
total
-
-
-
1 061
Employee
803
-
2 050
-
municipal
4
-
12
-
national
139
-
510
-
social contributions
271
-
593
-
regional
8
-
24
-
total
422
-
1 139
-
Employer
803
-
2 050
-
total
-
-
-
-
Corporate
1 247
2 050
-
-
nationa
299
492
-
-
municipal
49
80
-
-
total
348
572
-
-
Dividends
899
1 478
-
-
withholding
234
384
-
-
total
234
384
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 004
956
1 139
1 061
After tax
1 046
1 094
911
989
Living cost
381
381
381
381
Free-cash
665
713
530
608

Estimated living cost  is £381 per week

£266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£85
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
£740
£814
£662
£834
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
national
-
-
-
570
regional
-
-
-
32
social contributions
-
-
-
452
municipal
-
-
-
13
total
-
-
-
1 067
Employee
501
-
2 050
-
municipal
3
-
12
-
national
79
-
510
-
social contributions
169
-
593
-
regional
7
-
30
-
total
258
-
1 145
-
Employer
501
-
2 050
-
total
-
-
-
-
Corporate
1 549
2 050
-
-
nationa
372
492
-
-
municipal
77
102
-
-
total
449
594
-
-
Dividends
1 100
1 456
-
-
withholding
286
379
-
-
total
286
379
-
-
Income
2 050
2 050
2 050
2 050
Total tax
993
973
1 145
1 067
After tax
1 057
1 077
905
983
Living cost
243
243
243
243
Free-cash
814
834
662
740

Estimated living cost  is £243 per week

£151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£63
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details